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EU Parl Watch

Where the law stands, Dossier 2025/2208(INI)

Digital assets – challenges for the competitiveness and integrity of the European Union’s financial system

· First reading

Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.

Where it stands

Parliament’s position

Parliament adopted the text on 7 July 2026. This is its final position on the matter.

  1. Referred to committee(done) 13 November 2025
  2. Committee work(done) Report adopted 23 June 2026
  3. Tabled for plenary(done) 26 June 2026
  4. Plenary vote(done) Adopted 7 July 2026
  5. Parliament’s position(done) Final

Decided in plenary

7 July 2026 · decision 16

Economy & single market, Resolution

Digital assets – challenges for the competitiveness and integrity of the European Union’s financial system

Adopted 390 for · 86 against · 134 abstained by a large majority

AI summary:The text supports a system-wide, activity-based and technologically neutral approach, and calls for effective enforcement of the EU's Markets in Crypto-Assets Regulation (MiCAR).

What changed

  • Latest Tabled for plenary → Adopted by Parliament

    AI summary:Adds a paragraph expressing concern about US dollar-denominated stablecoins and their risks to EU monetary sovereignty and financial stability. Other changes are formal: correcting decimal separators, regulation numbers, and stray footnote markers.

    See the changes →

  • Committee draft → Tabled for plenary

    AI summary:The report expands on the potential of DLT and tokenisation for EU capital markets, adding calls for regulatory revisions and international cooperation. It strengthens language on stablecoin risks and welcomes euro-denominated e-money tokens, while addressing legal certainty for multi-issuance. It adds a reference to the new US administration's openness to crypto-assets and its legislative actions. Other changes are formal: corrected regulation numbers, updated footnotes, and renumbering.

    See the changes →

Who works on it

Lead committee
Economic and Monetary Affairs
Johan van Overtveldt (ECR)
Stefan Berger (EPP), Jonás Fernández (S&D), Auke Zijlstra (Patriots), Gilles Boyer (Renew), Maria Ohisalo (Greens), Jussi Saramo (The Left), Alexander Jungbluth (ESN)

The text, version by version

Newest first.

  1. Adopted by Parliament· 7 Jul 2026

    Adopted text TA10-0251/2026

    AI summary:Parliament's resolution on digital assets addresses challenges for the EU's financial system, covering crypto-assets, tokenisation, stablecoins, and cross-cutting issues. It calls for effective enforcement of MiCAR, monitoring risks, and promoting innovation and interoperability.

    What changed since Report A10-0186/2026 →

  2. Tabled for plenary· 26 Jun 2026

    Report A10-0186/2026

    AI summary:This resolution addresses digital assets and their impact on the EU's financial system, covering crypto-assets, tokenisation, stablecoins, and cross-cutting issues.

    What changed since Draft report (ECON) →

  3. Committee draft· 19 Feb 2026

    Draft report (ECON)

    AI summary:This draft report addresses digital assets and their challenges for the EU financial system. It supports a system-wide, activity-based, and technologically neutral regulatory approach, and calls for strengthened data capabilities and supervisory dialogue on multi-function groups.

Timeline

Newest first.

Plenary stage 3 steps
  1. 7 July 2026

    Plenary vote

    Sitting of 7 Jul 2026 Report A10-0186/2026Adopted text TA10-0251/2026

  2. 3 July 2026

    3 amendments tabled for the plenary vote

    Groups propose changes to the tabled text; each is voted on before the final vote.

    Amendments 1–3

  3. 26 June 2026

    Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    Report A10-0186/2026

Committee stage 4 steps
  1. 23 June 2026

    Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  2. 24 March 2026

    Amendments tabled in committee

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

    Amendments in committee (ECON)

  3. 19 February 2026

    Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

    Draft report (ECON)

  4. 13 November 2025

    Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares Parliament’s report.

Official record: Legislative Observatory, 2025/2208(INI)